Under E-Commerce Act, it refers to the provider of the necessary technical means by which electronic documents of an originator may be stored and made accessible to a designated or undesignated third party. What is this entity called?

Study for the Supernova Regulatory Framework for Business Transactions Test. Use flashcards and multiple choice questions. Each question has hints and explanations. Get prepared for your exam!

Multiple Choice

Under E-Commerce Act, it refers to the provider of the necessary technical means by which electronic documents of an originator may be stored and made accessible to a designated or undesignated third party. What is this entity called?

Explanation:
In the E-Commerce Act, the entity described as providing the technical means to store an originator’s electronic documents and make them accessible to third parties is called a service provider. This term captures the role of hosting, storing, and enabling retrieval of records so that designated or even undesignated third parties can access them. The originator is the creator of the document, not the storage service; an intermediary usually implies facilitating transmission rather than hosting and providing access. A data share isn’t a defined role in this context. So the best fit is the service provider.

In the E-Commerce Act, the entity described as providing the technical means to store an originator’s electronic documents and make them accessible to third parties is called a service provider. This term captures the role of hosting, storing, and enabling retrieval of records so that designated or even undesignated third parties can access them. The originator is the creator of the document, not the storage service; an intermediary usually implies facilitating transmission rather than hosting and providing access. A data share isn’t a defined role in this context. So the best fit is the service provider.

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